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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (957)	9/16/1998 1:16:00 PM
From: JakeStraw	Read Replies (1) \| Respond to of 1999

KG Telecommunications Selects Brightpoint To Support Taiwan Prepaid System INDIANAPOLIS--(BUSINESS WIRE)--Sept. 16, 1998--Brightpoint, Inc. (NASDAQ:CELL - news) announced today that KG Telecommunications Co., Ltd. (''KG Telecommunications''), a leading wireless network operator in Taiwan, has selected Brightpoint to provide various services to support KG Telecommunication's prepaid cellular services. Brightpoint will be responsible for inventory management and fulfillment services with respect to handsets, accessories and prepaid value cards. These products will be retailed through cellular dealers and 7-Eleven convenience stores. KG Telecommunications is a leading GSM 1800 network operator in Taiwan, and the first in Taiwan to offer prepaid service. KG Telecommunications is a member of the KG Group, a Taiwanese conglomerate. 7-Eleven is the leading chain of convenience stores in Taiwan, with over 2,000 locations nationwide. Brightpoint is a leading provider of distribution and value-added logistics services to the wireless communications industry. Brightpoint facilitates the effective and efficient distribution of handsets and related accessories from leading manufacturers to network operators, agents, resellers, dealers and retailers. Additional information about the Company can be found on its website at www.brightpoint.com or by calling its toll-free Investor Relations Information line at 877-IIR-CELL (877-447-2355). ''Forward-looking statements'' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. A variety of factors could cause the Company's actual results to differ from the reported results expressed in such forward-looking statements. Investors are referred to the Company's Cautionary Statements (Exhibit 99 to the Company's most recent Form 10-Q), which statements are incorporated into this news release by reference. Contact: Brightpoint, Inc., Indianapolis, Indiana Phillip A. Bounsall, 317/297-6100